Introduction

Trade is defined as the exchange of goods and services between two parties. When you buy a product and then sell it at a higher price, it is called trading.

Today you do not need to leave your comfort zone for trading. here are the best trading apps in India

You can do business online from anywhere, anytime, through your personal mobile phone. There are applications that we can use for trading.

All you have to do is do quick research on which app to use and download it from your app store. 

Trading in shares means buying shares of a company. And buying shares of a company means buying a part of the ownership of that company.

You can buy stocks online through the mobile app, and sell them whenever the prices move up and thus make profits or earn online.

know more about earning sources

Best Stock Trading Apps For Beginners In India

In this article, we will give you an idea about different aspects of the best trading apps in India to help you decide which one is the best trading app for you.

Pro Tip: While choosing a trading app, look for the one which gives you advanced options to place your order. For example, limit orders, bracket orders, etc.

This feature can be quite helpful in extracting maximum gains while trading.

Facts Check: Business Standard had published a report on May 11, 2021, stating the stock market trends.

According to the report, the huge downfall that the market had experienced during the pandemic, from October 2020 to Feb 2021, is now recovering.

The market saw an investment worth Rs130 billion of assets in April 2021.

Zerodha Kite

|

Kite is the best trading app in India, which is offered by Zerodha. It has over 5 million clients all over India. Kite offers you a wide range of stocks to trade in, through an easy-to-use and extremely beneficial mobile app.

Why you need this app – Zerodha is a reliable trading solution. You can receive price alerts and go through comprehensive charts to decide where to invest your money.

Top Features

  • 6 chart types to help you evaluate market conditions. 
  • Advanced options for placing orders, such as brackets and covers, after market orders (AMOs), and more. 
  • Gives you market news and keeps you updated about events that can cause a change in the price of shares. 
  • Easy to use mobile app. Pin your favorite shares.

Pros & Cons

  • Can be used in 10 regional languages.
  • Extensive charts to view market conditions.
  • Place limit to orders. 
  • No trading in mutual funds. 
  • No price alerts.

Price

  • rupee for equity delivery trades. 
  • rupees 20 or 0.03% (whichever is lower) per trade for Intraday and F&O.

Android Ratings: 4.3/5 stars
Android Downloads: 1 Crore+
iOS Ratings: 4.1/5 stars

Upstox Pro App

|

The Upstox Pro app offers multiple trading options with an easy-to-use interface and is backed by eminent personalities like Mr. Ratan Tata. You can trade stocks, mutual funds, digital gold, and much more with the help of comprehensive charts.

Why you need this app – Upstox is a reliable trading solution. You can receive price alerts and go through comprehensive charts to decide where to invest your money.

Top Features

  • 6 chart types to help you evaluate market conditions. 
  • Advanced options for placing orders, such as brackets and covers, after market orders (AMOs), and more. 
  • Gives you market news and keeps you updated about events that can cause a change in the price of shares. 
  • Easy to use mobile app. Pin your favorite shares.

Pros & Cons

  • Can be used in 10 regional languages.
  • Extensive charts to view market conditions.
  • Place limit to orders. 
  • No trading in mutual funds. 
  • No price alerts.

Price

  • rupee for equity delivery trades. 
  • rupees 20 or 0.03% (whichever is lower) per trade for Intraday and F&O.

Angel One

|

Angel one is the best stock market app in India. Founded in 1987, it has about 2.5 million active customers today. You can get a ready curated portfolio or it can be managed by experts.

Why you need this app – Angel one is the best stock trading app for beginners in India. They offer fractional investment, portfolio management, and investing in small cases, which can be very beneficial for beginners in this field.

Top Features

  • Analyze the market with the help of research done by experts.
  • Maintains its portfolio.
  • Build a diversified, low-cost portfolio with the help of small cases.
  • Choose from the readymade portfolio.
  • International stocks are available for investment.

Pros & Cons

  • No brokerage fee.
  • portfolio management
  • By investing in small amounts, you can build a low-cost portfolio.
  • Partial investment.
  • Trading through calling is charged at rupees 20 per executed order.

Price

  • 0 rupee Brokerage charges on Delivery Trade & Trade across all segments.

Android Ratings: 4.2/5 stars
Android Downloads: 1 Crore +
iOS Ratings: 3.5/5 stars

Groww

|

Groww app is the best trading app in India. The option of trading in gold, stocks, fixed deposits, and more at the same time is the reason for its popularity.

Why you need this app – The Grow app lets you invest in Gold, Fixed Deposits, and Global Stocks and provides you with learning resources so that you can make self-directed investments.

Top Features

  • Invest in gold, fixed deposits, domestic and US stocks, mutual funds, and F&O.
  • learning resources.
  • Withdraw Rs 50,000 per day or 90% of the total money invested (whichever is less).
  • self-directed trading.
  • Advanced charts to help you study market trends.

Pros & cons

  • No account opening charges.
  • No account maintenance charges.
  • ISO 27001:2013 certification ensures that your information is encrypted and secure.
  • Advanced order types (like Brackets and orders, Cover orders, etc) are not available.

Price

  • rupees 20 or 0.05% (whichever is lower) per executed trade brokerage charges. 
  • rupees 20 per order brokerage charges for Futures and Options.

Android Ratings: 4.3/5 stars
Android Downloads: 1 Crore +
iOS Ratings: 4.5/5 stars

HDFC Securities

|

HDFC Securities is a 20 years old trading and investing platform, which offers you smart ways of trading, for example, tracking the best price of buying or selling your order across exchanges, and much more.

Why you want this app – HDFC Securities can be a good option for those who want to invest in global stocks or digital gold. Plus, you get a 3-in-1 account with HDFC.

Top Features

  • Trade in equities, mutual funds, derivatives, currency, IPO, commodities, and digital gold.
  • Global stocks are available for trading.
  • Market commentary and periodic reports.
  • Helps you in making investment strategies.
  • Bracket order, basket order, and other smart options to place your order.
  • A 3-in-1 account, including your savings account, trading account, and Demat account.

Pros & Cons

  • nvest in US stocks and digital gold.
  • No account opening charges.
  • 24/7 access to your portfolio.
  • Advanced portfolio tracking.
  • High brokerage charges.

Price

For Resident Indians – 

  • 0.50% or minimum rupees 25 brokerage charges for equity delivery. 
  • 0.05% or minimum rupees 25 brokerage charges for equity Intraday and Futures.

For NRIs – 

  • 0.75% or minimum rupees 25 brokerage charges on delivery trade.

Android Ratings: 4.3/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 3.7/5 stars

5paisa Online Trading App

|

5Paisa Online Trading App is one of the most popular trading apps in India. Advanced charts, user-friendly interface, learning resources, and auto investing features make it one of the top trading apps in India.

Why you want this app – 5paisa has some really nice features to offer, including auto investing, learning resources, and more.

Top Features

  • Trade-in stocks, mutual funds, currencies, commodities, and more.
  • Auto-investing feature works based on your specific goals.
  • Easy to use interface.
  • Buying and selling are done with a single click.
  • Advanced charts to help you research the market conditions.

Pros & Cons

  • Research tools.
  • Easy to use.
  • Auto investing.
  • Learning resources.
  • 0 rupee commission on mutual funds trading.
  • 100 rupee per call charges for ‘Trade on Call

Price

  • rupee 20 per order brokerage charges.
  • Power Investor Pack – rupee499 per month.
  • Ultra Trader Pack – rupee 999 per month.

Android Ratings: 4.2/5 stars
Android Downloads: 50 Lakh +
iOS Ratings: 4/5 stars

Sharekhan App

|

Sharekhan is a 21-year-old trading platform with more than 2 million clients across India. Sharekhan gives you proper guidance to buy and sell products and offers a wide range of products to build a diversified portfolio.

Why you need this app – Sharekhan is a well-known, trusted online trading app. Research reports and expert guidance are commendable features.

Top Features

  • Advanced charts to help you do the market research.
  • Research reports helping you make better investment decisions.
  • Relationship managers monitor your portfolio and give you guidance.
  • Wide range of products to trade with.

Pros & Cons

  • Do business from anywhere, anytime.
  • Updates you about market news.
  • Free learning resources.
  • No minimum deposit is required.
  • No global stocks to trade with.

Price

  • For Equity Delivery: 0.50% or 10 paise per share or 16 per scrip (Whichever is higher).

Android Ratings: 3.8/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 2.8/5 stars

Stock Edge

|

Stock Edge is a leading trading platform with over 25 Lakh clients. They provide you with investment strategies based on your goals and put forward research and analysis tools so that you can do an educated investment.

Why you want this app – Stock Edge gives you some really careful research and analysis and scanning features. The app is said to be user-friendly.

Top Features

  • Research and analysis of 5000+ stocks.
  • Advanced charts to study market trends.
  • Learning resources include online training and webinars.
  • Advanced scanning features that help you view stocks based on your preferences.

Pros & Cons

  • Thematic stock lists.
  • Learning resources.
  • Scanning features.
  • Research tools.
  • Bear with the ads in the free version.

Price

  • StockEdge Premium: rupee 399 per month
  • StockEdge Analyst: rupees 999 per month
  • StockEdge Club: rupee 1499 per month

*A free version is also available.

Fyers App

|

Flyers is the best trading app in India. It offers you some really helpful charts to study the market trends. The mobile app is easy to use and gets automatically synced with the web version so that you can access your account from the web or through the mobile app.

Why you want this app – Fyers app offers you a fast trading experience and is tested to have a high level of Security Protocol on all levels.

Top Features

  • Advanced charts are available for free.
  • Access from the web or through the mobile app. Both are automatically synced.
  • Charts to study Cmarket trends.
  • Notifies you about the important information about the stock market.

Pros & Cons 

  • Smooth User Experience.
  • Notifications and updates about the market.
  • 0 Brokerage Charges for Equity Delivery
  • Historical data of more than 20 years.
  • rupee 20 charges for orders placed on call. No trade-in mutual funds.

price

  • 0 per order brokerage charges for equity delivery and thematic investments. 
  • rupees 20 per order across all other segments.

Android Ratings: 4.1/5 stars
Android Downloads: 1 Lakh +
iOS Ratings: 4.2/5 stars

IIFL Market Trading App

|

IIFL Markets Trading App is the highly recommended mobile app for trading. It lets you trade multiple items with easy-to-use tools

Why you want this app – IIFL Market Trading App is the best trading app in India, due to the features that it offers. It offers you free research reports, tools to study market trends, and much more.

Top Features

  • Trade in equities, F&O, currencies and commodities.
  • Tools to research market trends.
  • Free research reports of 500 top listed companies in NSE/BSE.
  • Place buying or selling orders with easy steps.
  • Lets you modify or cancel your pending orders.

Pros & Cons 

  • Free research reports
  • Notifications about the market news
  • No account management charges for trading account
  • No robo advisor

Price

rupee 0 brokerage charges for equity delivery.
rupees 20 per executed order for Intraday, F&O, currencies, and commodities

Android Ratings: 4.1/5 stars
Android Downloads: 50 Lakh +
iOS Ratings: 4.1/5 stars

Motilal Oswal MO Investor App

|

Motilal Oswal MO Investor App can be said to be the best trading app in India. Its smart artificial intelligence features provide you with tips and recommendations on how to improve your portfolio.

Why you want this app – Motilal Oswal MO Investor App has learning material for beginners and advanced traders. Its powerful AI tools give you recommendations on how to improve your portfolio.

Top Features

  • Trade-in digital gold, without any paperwork.
  • Expert-made market analysis reports are available for you.
  • Learning resources for beginners as well as advanced traders.
  • Gives recommendations to improve your portfolio.
  • Supports English, Gujarati, Hindi, and Tamil languages.

Pros & Cons 

  • Guidance for investing.
  • Learning resources.
  • Trade in digital gold.
  • Market analysis tools.
  • Price alerts.
  • No trade in international stocks

Price

  • Contact directly for brokerage charges.

Android Ratings: 3.6/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 3.6/5 stars

Edelweiss Online Trading App

|

Edelweiss Online is a trading platform, established in 1995. It gives you a lot of stocks to trade. In addition, it provides you with several features to track and monitor market trends.

Why you want this app – Edelweiss Online Trading App can be a great choice for active and advanced traders, who know how to get help from advanced charts and market research reports.

Top Features

  • Tools to track every aspect of the market
  • Keeps you up to date with the latest news and events affecting the market
  • Advanced charts to help you gain insight into market trends
  • Live commentary on the stock market by experts

Pros & Cons

  • Price alerts.
  • Low brokerage charges.
  • Market tracking tools.
  • Live market news and updates.
  • No account opening charges.
  • No account maintenance charges
  • No feature of placing Bracket order
  • rupees 20 per call charges for trading through calls

Price

  • rupees 10 per executed order brokerage charges.

Android Ratings: 4.5/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 4/5 stars

Final thought 

You can start trading and investing from your personal mobile, with the help of easy-to-use apps.

If you want to invest a large amount of money, choose the app which gives you an advisor and gives you recommendations to improve your portfolio. 

Market analytics tools like advanced charts can be very helpful in doing an informed investment.

Beginners should look for an app that lets them build a low-cost portfolio, and gives them learning resources and tips for portfolio management. 

Zerodha Kite, Angel Broking, and Upstox Pro App are the top 3 best online trading apps in India.